Carlisle Companies Incorporated reports record-breaking Q4 2023 results, with a slight revenue dip but a significant profitability rise; Vision 2030 strategy aims for $40 EPS.
Surpassing expectations, stock still drops more than 10%, slowly recovering but still down at end of trading on Friday; roofing remains a bright spot in company financials
Owens Corning's Q3 2023 report showed mixed results, with net sales matching last year at $2.5 billion and earnings surpassing estimates, but sales declining over 1.5%; roofing remains a bright spot.
Tesla's solar products experienced additional declines in Q3 2023, though its energy storage is once again booming, according to the company's latest earnings report.
The latest report from the Asphalt Roofing Manufacturers Association shows supply chain issues are still working themselves out amidst inflation, interest rates and labor shortages.
Owens Corning operates like a well-oiled machine: reporting net sales of $2.6 billion, similar to the prior year-over-year quarter, and returning $160 million to shareholders through dividends and stock buybacks.
Beacon announced Q2 2023 results, beating Wall Street estimates slightly with earnings of $2.5 billion; the company attributed the sales increase to higher prices, acquired branches, and strategic investments
Beacon announced an agreement to repurchase all outstanding shares of its Series A Cumulative Convertible Participating Preferred Stock held by Clayton, Dubilier & Rice, LLC; the company also provided a preview of its 2023 Q2 results, which will be announced after the market closes on August 3.